2 Beds   2 Baths   1,142 Sq. Ft.
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Champion Way # 250
North Charleston, SC 29418

Status: Inactive
Listing ID: 56447646

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Property Information

  • Bedrooms: 2
  • Bathrooms: 2
  • Living Area Size: 1,142
  • Year Built: 1985
  • Source ID: 21195099
  • Day(s) On Site: 225
  • Subdivision: PARK AT RIVERS EDGE
  • Parcel Number: 404-05-00-034
  • Defendant Name: CAROLYN BURLAGE
  • Case Number: 2021LP1000264
  • Recording Date: 06-01-2021
  • Trustee Name: DEAN DEREK FARRELL
  • Trustee Address: 147 WAPPOO CREEK DR STE 604
  • Trustee City: CHARLESTON
  • Trustee State: SC
  • Trustee Zip: 29412
  • Trustee Phone: (843) 762-9132
  • Deed Category: LP
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Public Records

  • Bedrooms: 2
  • Baths: 2
  • Full Baths: 2
  • No. of Stories: 1
  • Air Conditioning: YES
  • Fireplaces: PREFAB
  • Exterior Wall Type: VINYL
  • Heating Fuel: ELECTRIC
  • Heating Type: HEAT PUMP
  • Roof Material: ASPHALT SHINGLE
  • Roof Type: GABLE
  • Land Area Sqft: 1,552
  • Year Built: 1985
  • APN: 404-05-00-034
  • Property Type: Single Family Residence
  • Front Footage: 16
  • Depth Footage: 97
  • Living Sqft: 1,142
  • Style: TOWNHOUSE
  • Subdivision: PARK AT RIVERS EDGE

Preforeclosure

Often, the preforeclosure period is the best time to purchase a property. The process begins when a lender first notifies a borrower that his or her loan payments are behind. If a borrower has no other means to bring the payments up to date, he or she is far better served to sell the property as soon as possible before it falls into foreclosure.

First Steps to Buying a Preforeclosure

Preforeclosure status means the owner of the property has defaulted on his mortgage obligation and the lender is taking steps to foreclose on the loan and take possession of the property. This situation places the property owner and the lender in a disadvantaged position. But it may not be too late for the property owner to work things out with his lender.  At the same time the lender may be interested in allowing a short sale (sale of the property for less than the amount owed) just to avoid the costly process of foreclosure on the loan, and then the expense of marketing the property. That leaves open the opportunity for a real estate investor to come in and solve the problem for both parties.

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North Charleston, SC
Home Inspectors
Cardinal Home Inspections
Rodney Whitehouse
843-832-5740
Homes On This Street
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Champion Way # 250
North Charleston, SC 29418

2 Beds   2 Baths   1,142 sq. ft.

 

Status: Inactive Listing ID: 56447646

Property Information

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Public Records

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Property Description

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Listing URL

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